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Established Auto Wrecking and Salvage Yard with Real Estate

Western Riverside County, California (San Bernardino County)

Services - Auto Repair, Parts & Svcs | Wholesale/Dist. - Durable Goods

$Seller Financing Available

Asking Price $100,000 Inventory $40,000* 
Gross Income $137,400 Real Estate $750,000** 
Cash Flow Not Disclosed Year Established 1971
FF&E N/A Employees 1

* included in the asking price

** not included in the asking price

This successful long established auto wrecking and salvage yard is the only such licensed business in their town and the nearest competitor is 8 miles away. It has been providing a good living for the owner and his son for many years. They are connected with the Gold Ticket Parts Location service and the Inland Auto Dismantlers Association for the local area with internet VOIP and Verizon s high-speed Fios fiber optic service. The Company has long-term repeat customers in San Bernardino, Riverside, LA and Orange Counties. Employees: 1 long-term, full time employee at a monthly cost of $1,408 Seller is motivated and will be flexible on price and terms ith a strong buyer For more information on this business opportunity, please contact D. Joe Atchison at 951/277.4002, Ext. 303 or j.atchison@sunbeltnetwork.com. Disclaimer: The above information is provided by the Seller. Neither Sunbelt Business Brokers of Riverside nor its agents have confirmed, verified or audited any information provided by the Seller and Broker makes no representation as to its completeness, accuracy or reliability. Due diligence efforts are the responsibility of the Buyer. Broker encourages Buyer to engage competent legal, accounting and other professional service providers to evaluate this business.

Facilities: Facility: 1,132 square foot building, plus a 602 square foot basement on a half acre lot which is owned by the seller. Owner will sell the real estate or write an attractive long-term lease at fair-market-value.

Competition: This is the only wrecking yard in their city and is grandfathered in with no other wrecking yards allowed. The closest competition is 8 miles away.

Growth/Expansion: By adding more inventory, revenues could be increased considerably.

Seller Financing Available: Yes

Financing: $25,000 at 8.00 % for 36months; seller note for 70% of the real estate

Support/Training: Seller will provide a good transition training period and the company's one, 30 year employee, would likely stay with the company.

Reason Selling: Retirement

Business For Sale By

Joe Atchison, DRE #01438544

951.277.4002

Sunbelt Business Brokers

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